App Store Had Half a Trillion Dollar in Sales Last Year

This number, which is 500,000,000,000 dollars, consisting of 12 zeros, is approximately Apple's price last year. App Store revenue. This jaw-dropping and incredible figure is proof of how a world-giant brand became a world-wide giant. 

App Store It was no secret that the ecosystem generated a lot of income, but the net figure $519 billion The eyes of those who see it do not widen when they hear that it is happening. Let us add that the amount emerged as a result of research conducted by independent economists at Analysis Group. 

The App Store surpassed $519 billion in sales last year:

Most of the revenue comes from physical and service sales ($413 million), some of it from digital sales ($61 billion) and the rest from in-app advertising (45 billion dollars) was found to come. Despite Android taking a larger share of the smartphone market, Apple's App Store has generated more revenue than Google's Play Store. 

We can attribute the reason for such an increase in sales prices to the fact that iPhone owners tend to spend more than Android owners. It is known that Apple locks its users into its own ecosystem. This being the case, Apple has achieved incredible sales figures lately. 1.5 trillion dollars It does not seem logical to find it strange that it is the first US company to reach a value. Apple bills itself between 15-30% of this money earned from the App Store. The remaining amount seems to have gone to third-party businesses and application developers. 

Apple's CEO Tim Cook said, “App Store is where innovators and dreamers can bring their ideas to life; where users can find reliable tools to improve their lives” he said. Apple says that the App Store, the application store they launched in 2008, is the safest application market in the world. The store, which hosts more than 2 million applications, is available in 175 countries every week. half a billion It is visited by people.